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| The RFID Consortium is intended to provide a structured approach for access to essential RFID patents, at a reasonable cost to the end-user, thus promoting rapid adoption of RFID. This approach offers competitive benefits by integrating complementary technologies and reducing transaction costs. It offers an efficient alternative for those who may find bilateral licensing options with individual patent holders to be too time-consuming, cumbersome or expensive. The RFID Consortium is based on, and supportive of, the standards and specifications announced by EPCglobal, a not-for-profit organization involved in proposing standards for Electronic Product Codes and RFID technology, as well as ISO (International Standards Organization) counterpart proposed standards. The consortium will be open to all patent holders, regardless of whether they were involved in the development of those standards. The EPCglobal and ISO specifications are expected to be followed by RFID technology users to ensure interoperability. The consortium expects to work in parallel with those standard setting organizations to assist in the commercialization and wide acceptance of the standards they independently develop.
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